Offer

Granite Ridge Resources, Inc. Announces Commencement of Exchange Offer and Consent Solicitation Relating to Warrants

Retrieved on: 
Friday, May 19, 2023

Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT; GRNT.WS), a scaled, non-operated oil & gas exploration and production company, today announced that it has commenced an exchange offer (the “Offer”) and consent solicitation (the “Consent Solicitation”) relating to its outstanding warrants to purchase shares of common stock of the Company, par value $0.0001 per share (the “common stock”), which warrants trade on The New York Stock Exchange (the “NYSE”) under the symbol “GRNT.WS” (the “warrants”).

Key Points: 
  • Granite Ridge Resources, Inc. (“Granite Ridge” or the “Company”) (NYSE: GRNT; GRNT.WS), a scaled, non-operated oil & gas exploration and production company, today announced that it has commenced an exchange offer (the “Offer”) and consent solicitation (the “Consent Solicitation”) relating to its outstanding warrants to purchase shares of common stock of the Company, par value $0.0001 per share (the “common stock”), which warrants trade on The New York Stock Exchange (the “NYSE”) under the symbol “GRNT.WS” (the “warrants”).
  • Pursuant to the Offer, the Company is offering up to an aggregate of 2,587,493 shares of its common stock in exchange for the warrants.
  • Parties representing approximately 51.3% of the outstanding warrants have agreed to tender their warrants in the Offer and to consent to the Warrant Amendment in the Consent Solicitation, pursuant to a tender and support agreement.
  • The Offer and Consent Solicitation are being made only through the Schedule TO and Prospectus/Offer to Exchange, and the complete terms and conditions of the Offer and Consent Solicitation are set forth in the Schedule TO and Prospectus/Offer to Exchange.

Ault Alliance Announces Extension of Pending Exchange Offer

Retrieved on: 
Thursday, May 18, 2023

Ault Alliance, Inc. (“Ault Alliance” or the “Company”) (NYSE American: AULT), announced today that it is extending the expiration date of its previously announced offer (the “Offer”) to holders of Ault Alliance’s outstanding Class A Common Stock (the “Common Stock”) to exchange shares of Common Stock for its 10.00% Series H Cumulative Redeemable Perpetual Preferred Stock (“Series H Preferred Stock”).

Key Points: 
  • Ault Alliance, Inc. (“Ault Alliance” or the “Company”) (NYSE American: AULT), announced today that it is extending the expiration date of its previously announced offer (the “Offer”) to holders of Ault Alliance’s outstanding Class A Common Stock (the “Common Stock”) to exchange shares of Common Stock for its 10.00% Series H Cumulative Redeemable Perpetual Preferred Stock (“Series H Preferred Stock”).
  • The Series H Preferred Stock will have a liquidation preference of $10 per share of Series H Preferred Stock.
  • Any offers of the Series H Preferred Stock will be made only by means of the Offer to Exchange.
  • Stockholders of Ault Alliance are strongly encouraged to read the Schedule TO and related exhibits because they contain important information about the Offer.

Freddie Mac Updates Results of Tender Offer for Certain STACR Notes

Retrieved on: 
Wednesday, May 17, 2023

1 Original principal amounts have been adjusted to reflect reported exchange activity of MAC notes or exchangeable notes into eligible Notes initiated during the tender offer period.

Key Points: 
  • 1 Original principal amounts have been adjusted to reflect reported exchange activity of MAC notes or exchangeable notes into eligible Notes initiated during the tender offer period.
  • The settlement date for the Notes tendered and accepted for purchase in the Offer was Tuesday, May 16, 2023.
  • The distribution of materials relating to the Offer, and the transactions contemplated by the Offer, may be restricted by law in certain jurisdictions where it is legal to do so.
  • If materials relating to the Offer come into your possession, you are required by Freddie Mac to inform yourself of and to observe all of these restrictions.

Freddie Mac Announces Results of Tender Offer for Certain STACR Notes

Retrieved on: 
Monday, May 15, 2023

1 Original principal amounts have been adjusted to reflect reported exchange activity of MAC notes or exchangeable notes into eligible Notes initiated during the tender offer period.

Key Points: 
  • 1 Original principal amounts have been adjusted to reflect reported exchange activity of MAC notes or exchangeable notes into eligible Notes initiated during the tender offer period.
  • The settlement date for the Notes tendered and accepted for purchase in the Offer is expected to occur on Tuesday, May 16, 2023.
  • Any Notes tendered and accepted for purchase in the Offer using the Notice of Guaranteed Delivery are expected to be purchased on Wednesday, May 17, 2023.
  • If materials relating to the Offer come into your possession, you are required by Freddie Mac to inform yourself of and to observe all of these restrictions.

Owens-Brockway Glass Container Inc. Offer to Purchase for Cash Any and All 5.375% Senior Notes Due 2025

Retrieved on: 
Monday, May 15, 2023

The primary purpose of the Offer is to acquire up to all of the outstanding Notes.

Key Points: 
  • The primary purpose of the Offer is to acquire up to all of the outstanding Notes.
  • The Offer is not conditioned on any other tender offer and the Offer operates independently from any other tender offer.
  • We will accept and pay for all validly tendered and not validly withdrawn Notes that are accepted for purchase by us.
  • In addition, all documentation relating to the Offer to Purchase, together with any updates, will be available via the Offer Website: www.dfking.com/owens-brockway.

Tims China Announces Commencement of Exchange Offer and Consent Solicitation Relating to Warrants

Retrieved on: 
Friday, May 12, 2023

Pursuant to the Offer, the Company is offering up to an aggregate of 5,496,000 Ordinary Shares in exchange for the warrants.

Key Points: 
  • Pursuant to the Offer, the Company is offering up to an aggregate of 5,496,000 Ordinary Shares in exchange for the warrants.
  • The Company has engaged Merrill Lynch (Asia Pacific) Limited as the dealer manager for the Offer and Consent Solicitation (the “Dealer Manager”).
  • The Offer and Consent Solicitation are being made only through the Schedule TO and Prospectus/Offer to Exchange, and the complete terms and conditions of the Offer and Consent Solicitation are set forth in the Schedule TO and Prospectus/Offer to Exchange.
  • Holders of the warrants are urged to read the Schedule TO and Prospectus/Offer to Exchange carefully before making any decision with respect to the Offer and Consent Solicitation because they contain important information, including the various terms of, and conditions to, the Offer and Consent Solicitation.

AlTi Global, Inc. Announces Commencement of Exchange Offer and Consent Solicitation Relating to Warrants

Retrieved on: 
Friday, May 5, 2023

AlTi Global, Inc. (“AlTi,” "we" or the "company") (NASDAQ: ALTI), a leading independent global wealth and asset manager, today announced that it has commenced an exchange offer (the “Offer”) and consent solicitation (the “Consent Solicitation”) relating to its outstanding Public Warrants and Private Warrants (each as defined below, and collectively, the "Warrants").

Key Points: 
  • AlTi Global, Inc. (“AlTi,” "we" or the "company") (NASDAQ: ALTI), a leading independent global wealth and asset manager, today announced that it has commenced an exchange offer (the “Offer”) and consent solicitation (the “Consent Solicitation”) relating to its outstanding Public Warrants and Private Warrants (each as defined below, and collectively, the "Warrants").
  • The purpose of the Offer and Consent Solicitation is to simplify the Company’s capital structure and reduce the potential dilutive impact of the Warrants.
  • The Company has engaged Oppenheimer & Co. Inc. as the Dealer Manager and Solicitation Agent for the Offer and Consent Solicitation.
  • The Offer and Consent Solicitation are being made only through the Schedule TO and Prospectus/Offer to Exchange, and the complete terms and conditions of the Offer and Consent Solicitation are set forth in the Schedule TO and Prospectus/Offer to Exchange.

Ault Alliance Announces Change in Exchange Ratio in Pending Exchange Offer to 50 Shares of Common Stock for One Share of Series H Preferred Stock (an increase in consideration to $0.20 per share of Common Stock)

Retrieved on: 
Wednesday, May 3, 2023

Ault Alliance, Inc. (“Ault Alliance” or the “Company”) (NYSE American: AULT), announced today that it has amended the previously announced offer (the “Offer”) to holders of Ault Alliance’s outstanding Class A Common Stock (the “Common Stock”), to exchange up to 333,333,333 shares of Common Stock for its 10.00% Series H Cumulative Redeemable Perpetual Preferred Stock (“Series H Preferred Stock”).

Key Points: 
  • Ault Alliance, Inc. (“Ault Alliance” or the “Company”) (NYSE American: AULT), announced today that it has amended the previously announced offer (the “Offer”) to holders of Ault Alliance’s outstanding Class A Common Stock (the “Common Stock”), to exchange up to 333,333,333 shares of Common Stock for its 10.00% Series H Cumulative Redeemable Perpetual Preferred Stock (“Series H Preferred Stock”).
  • The Offer has been amended to increase the consideration being offered for each share of Common Stock from $0.15 per share to $0.20 per share.
  • Stockholders can now exchange Common Stock in 50 share increments for one share of Series H Preferred Stock.
  • The Company has also reduced the minimum share requirement to complete the Offer from 150,000,000 shares of Common Stock to 100,000,000 shares of Common Stock.

Ault Alliance Announces Extension of Pending Exchange Offer

Retrieved on: 
Monday, May 1, 2023

Ault Alliance, Inc. (“Ault Alliance” or the “Company”) (NYSE American: AULT), announced today that it is extending the expiration date of its previously announced offer (the “Offer”) to holders of Ault Alliance’s outstanding of Class A Common Stock (the “Common Stock”), to exchange up to 333,333,333 shares of Common Stock for up to $50,000,000 aggregate liquidation preference of its 10.00% Series H Cumulative Redeemable Perpetual Preferred Stock (“Series H Preferred Stock”).

Key Points: 
  • Ault Alliance, Inc. (“Ault Alliance” or the “Company”) (NYSE American: AULT), announced today that it is extending the expiration date of its previously announced offer (the “Offer”) to holders of Ault Alliance’s outstanding of Class A Common Stock (the “Common Stock”), to exchange up to 333,333,333 shares of Common Stock for up to $50,000,000 aggregate liquidation preference of its 10.00% Series H Cumulative Redeemable Perpetual Preferred Stock (“Series H Preferred Stock”).
  • Except as otherwise described in this press release, all other terms of the Offer as described in the Offer Documents remain unchanged.
  • However, if the Company amends the exchange ratio it will file an amendment to the Offer Documents with the Securities and Exchange Commission (the “SEC”).
  • Stockholders of Ault Alliance are strongly encouraged to read the Schedule TO and related exhibits because they contain important information about the Offer.

Leading Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Meltwater Shareholders Vote “FOR” MW Investment B.V. Voluntary Offer

Retrieved on: 
Wednesday, April 26, 2023

OSLO, Norway, April 26, 2023 (GLOBE NEWSWIRE) -- Meltwater N.V. (“Meltwater” or the “Company”), a global leader in media and social intelligence, today announced that leading independent proxy advisory firms Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. (“Glass Lewis”) both have recommended that Meltwater shareholders vote “FOR” the voluntary offer (the “Offer”) from MW Investment B.V. (“MWI” or the “Offeror”) to acquire all outstanding shares of Meltwater shares at a price of NOK 18.00 per share (the "Offer Price"). ISS and Glass Lewis make proxy voting recommendations to their subscribers, including most of the major institutional investors globally, on how to vote in shareholder meetings.

Key Points: 
  • OSLO, Norway, April 26, 2023 (GLOBE NEWSWIRE) -- Meltwater N.V. (“Meltwater” or the “Company”), a global leader in media and social intelligence, today announced that leading independent proxy advisory firms Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. (“Glass Lewis”) both have recommended that Meltwater shareholders vote “FOR” the voluntary offer (the “Offer”) from MW Investment B.V. (“MWI” or the “Offeror”) to acquire all outstanding shares of Meltwater shares at a price of NOK 18.00 per share (the "Offer Price").
  • ISS and Glass Lewis make proxy voting recommendations to their subscribers, including most of the major institutional investors globally, on how to vote in shareholder meetings.
  • The ISS and Glass Lewis recommendations validate both the special committee’s thorough and comprehensive process as well as its outcome.
  • MW Investment B.V.’s proposed acquisition of Meltwater offers shareholders an opportunity to realize significant, immediate and certain cash value for their shares.